Succession has continued its buying spree by acquiring Beckenham-based Financial Planning business Maze Wealth for £1.2million.

A former equities trader at Schroders Investment Management was today given a two year prison sentence after pleading guilty to nine counts of insider dealing.

Britain’s over 50s are using the extra income they enjoy after paying off their mortgages to fund holidays, home improvements and gifts for their children. Fewer than one in four use the extra money to top up their retirement savings, says new research.

Expanding North west-based Financial Planning firm Ludlow Wealth Management has hired experienced financial adviser Stephen Fox as its 21st consultant.

Data and financial analysis provider FE has launched its first pure passive fund awards to coincide with the first anniversary of its FE Passive Crown ratings.

Zurich has appointed Anne Torry as head of its life business in the UK, and CEO of Zurich Assurance plc and Sterling Investment Managers Limited.

Financial education provider the Institute of Financial Services - known as ifs University College - is to change its name to The London Institute of Banking & Finance from September, it announced today.

Old Mutual Wealth has confirmed it will returning to membership of the Association of British Insurers (ABI).

Old Mutual Wealth Private Client Advisers, an appointed representative of network Intrinsic, says it has reached agreement to acquire Devon-based Financial Planning firm DQS Financial Management.

Research into the investment buying decisions of UK millenials (those aged 18-35) has found that while many prefer to make their own decisions, 44% would consult a financial adviser - similar to their parents’ generation.